Limit order 10 pips below Shooting Star

Hi 🙂

もし 

  Candle patern[0] is Shooting Star 

そして

   RSI > 75

then

   Enter at Limit 

       10 pips below the Shooting Star

        Direction Short

Questions: 

  1. Howto set Limit Order 10 pips below the Shooting Star?

  2. Is Candle patern[0] the last closed candle,

      or should I use Candle patern[1] to address the last closed candle?

/Jon

Jon,

1. For a limit order that is 10 pips above the candle, you would use a rule to say that Candle[1] is a shooting star pattern like you were talking about.  

Then, in the order section, click on Limit Order.  

ファイル price.jpg

In the Price field, click on Formula

ファイル formula.jpg

Then choose Addition (+)

ファイル addition.jpg

Then choose the candle’s high[1]

ファイル high.jpg

Then choose converttorealpips and put int he field 10

ファイル converttopips.jpg

then your rule should look something like:

ファイル rule.jpg

2. You will need to use Candle Pattern[1] as it is the last closed candle.  [0] is not closed yet; it is the current candle that is still in progress.  So if you want to use the close of a candle, then the first one you can use is Candle Pattern [1].

ステアルノ

Thanks for Your help 🙂

I appreciate the information you have provided me with and I appreciate the prompt reply.

Not a problem.  Glad could help!

-stearno